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Oil search conference call and presentation
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05-21-2016, 12:58 PM
I like Peter Botten a LOT more than PM or MS.
05-21-2016, 05:33 PM
Agreed putz
As a counter check out the transcript from Finlayson and Hession who come across as xxxxxxx https://app.scoutfin.com/document.html?id=573f98de00f7ca9d724bb958&_branch_match_id=link-262343193465591002
05-21-2016, 11:17 PM
(This post was last modified: 05-21-2016, 11:17 PM by MartiniStocks9756.)
The presentation by OSH was excellent and I have the feeling they clearly know what they are doing better than our management by far and goodbye to them although one Board member joins the OSH Board . I learned from the presentation....
OSH will get all revenues from the current SPA. Payment for CVA's first quarter next year. The Papua government is on board with this merger. Pavel asked if they would set up on a US or Canadian stock exchange to make our transactions easier. They will look into that. There is a break up fee if the another suitor shows up. You have to admire Peter Botten as he was our competitor and partner and over time he outfoxed our management. Even delaying our plans by a year through the lawsuit benefited through the draining of our resources and delaying payments. That may not have been his plan but worked in OSH favor. I am disappointed by the deal, but have more faith that where my shares will be placed will accrue value faster and be managed more professionally from this point on. Botten got more for his shareholders than Hession. Please do not let Mr. Hession become CEO that would be a mistake. Finally the deal should be through all courts and regulatory hurdles by September at the latest. Welcome to OSH!!!! And he did seem genuinely welcoming.
05-22-2016, 02:27 AM
'MartiniStocks9756' pid='69844' datel Wrote:The presentation by OSH was excellent and I have the feeling they clearly know what they are doing better than our management by far and goodbye to them although one Board member joins the OSH Board . I learned from the presentation.... OSH will get all revenues from the current SPA. Payment for CVA's first quarter next year. The Papua government is on board with this merger. Pavel asked if they would set up on a US or Canadian stock exchange to make our transactions easier. They will look into that. There is a break up fee if the another suitor shows up. You have to admire Peter Botten as he was our competitor and partner and over time he outfoxed our management. Even delaying our plans by a year through the lawsuit benefited through the draining of our resources and delaying payments. That may not have been his plan but worked in OSH favor. I am disappointed by the deal, but have more faith that where my shares will be placed will accrue value faster and be managed more professionally from this point on. Botten got more for his shareholders than Hession. Please do not let Mr. Hession become CEO that would be a mistake. Finally the deal should be through all courts and regulatory hurdles by September at the latest. Welcome to OSH!!!! And he did seem genuinely welcoming.
05-22-2016, 02:35 AM
Oil Search imho is suspect to leaking nefarious information to the shorts throughout the years to be in this moment and time!
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